Veeva Systems (VEEV) Tops Q1 EPS by 4c; Issues Solid Outlook

Veeva Systems (NYSE: VEEV) reported Q1 EPS of $0.22, $0.04 better than the analyst estimate of $0.18. Revenue for the quarter came in at $157.9 million versus the consensus estimate of $151.9 million.

GUIDANCE:

Veeva Systems sees Q2 2018 EPS of $0.20, versus the consensus of $0.19. Veeva Systems sees Q2 2018 revenue of $163-164 million, versus the consensus of $160.2 million.

Veeva Systems sees FY2018 EPS of $0.82-$0.84, versus the consensus of $0.80. Veeva Systems sees FY2018 revenue of $665-669 million, versus the consensus of $658.7 million.

For earnings history and earnings-related data on Veeva Systems (VEEV) click here.

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